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Worker Safety: Form 10-K Disclosure

By Randi Morrison posted 04-16-2023 05:45 PM

  

Bloomberg reported that of 70 companies in the S&P 500 Industrials sector, approximately 20% disclosed safety data in their 2022 Form 10-K filings. Deere & Co. and W.W. Grainger Inc. are among those identified as disclosing data. A Holland & Knight partner interviewed for the article analogized the absence of disclosure about worker safety-related problems, coupled with an affirmative disclosure about the importance of worker safety, to the fact pattern pursued by SEC Enforcement in the recent Activision Blizzard case, and cautioned companies to consider their disclosures accordingly.  

See our report: “Activision Blizzard DC&P Enforcement Action: What to Do Now” and additional resources on our Disclosure Committees / Disclosure Controls page.

                          This post first appeared in the weekly Society Alert!

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